Market Updates

Posted on May 18, 2012 Last Updated May 18, 2012 Posted by Tom
Tom Scollon Everything off to the Cleaners

Yes, it’s time for a spring clean – after all, it is the northern spring.

But this current market easing has little to do with the European crisis – it really is just because markets were getting ahead of themselves – as Greenspan once said ‘irrational exuberance.”

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Posted on May 18, 2012 Last Updated May 18, 2012 Posted by Lachlan
Lachlan McPherson Grinding On…

It’s been a gloomy week for markets across the globe. The local bourse has shed close to 5% and the Aussie dollar has slipped back to more palatable levels, at least for exporters, who will see this as a near-term positive for buyer demand.

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Posted on May 18, 2012 Last Updated May 18, 2012 Posted by Mat
Mat Barnes Aussie Dollar Under Pressure

As I write this article on Wednesday afternoon, 16 May (is that the date already?!), the Australian Dollar is trading at just under 99 US cents, some six cents lower than it was trading two weeks ago.

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Posted on May 15, 2012 Last Updated May 15, 2012 Posted by Aaron
Aaron Lynch Bears in control for now

Aaron Lynch from Safety in the Market examines the market activity after open on May 15th.

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Posted on May 11, 2012 Last Updated May 11, 2012 Posted by Tom
Tom Scollon Anybody have a clue?

Does anybody out there have a clue about what is going on?

Last week as I was writing, markets were going gangbusters and I had to step in and caution about a retreat and sure it came sooner than later and all the optimism of last week turned sour. They blamed it on elections in Europe and the Greek buccaneers wanting to tear up the EU bail out deal. Was that really what caused the easing of the last few days? Nope. Markets are just at a midterm high.

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